Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home topics Finance
Document Actions

Finance and Monetary Affairs in the EU

Latest news on economic and monetary affairs in the European Union.

Pan-European Personal Pension Product (PEPP) 29 June 2017, 18:12 CET
The European Commission launched on 29 June a new pan-European personal pensions label to help consumers save for retirement.

European Union mulls future finance post-Brexit 29 June 2017, 00:04 CET
In its fifth reflection paper on the future of the European Union, published Wednesday, the Commission looks at options for financing the EU budget following the departure of the United Kingdom.

Future of EU budget: European Commission proposal neglects the Paris Climate Agreement 28 June 2017, 20:46 CET
The European Commission has published its 'Reflection paper on the future of EU finances' today, the last of five policy reflection papers within the so called "White paper process on the future of Europe".

New EU insolvency rules enter in force 27 June 2017, 22:21 CET
New rules on cross-border insolvency proceedings, first proposed in 2012 and adopted by EU legislators in 2015 to facilitate debt recovery, entered into force throughout the European Union on Monday.

Brussels adopts guidelines for disclosure of non-financial information 26 June 2017, 23:49 CET
Guidelines on disclosure of environmental and social information were adopted Monday by the Commission to help firms disclose non-financial information in a consistent and comparable manner.

Non-Financial Reporting 26 June 2017, 23:44 CET
EU law requires large companies to disclose certain information on the way they operate and manage social and environmental challenges. This helps investors, consumers, policy makers and other stakeholders to evaluate the non-financial performance of large companies and encourages these companies to develop a responsible approach to business. Directive 2014/95/EU lays down the rules on disclosure of non-financial and diversity information by large companies. This directive amends the accounting directive 2013/34/EU. Companies are required to include non-financial statements in their annual reports from 2018 onwards.

How EU rules apply to banks with a capital shortfall 26 June 2017, 14:10 CET
The European Commission approved on 25 June, under EU rules, Italian measures to facilitate the liquidation of Banca Popolare di Vicenza (BPVI) and Veneto Banca under national insolvency law.

EU transparency rules target tax avoidance planners 21 June 2017, 22:31 CET
The EU Commission proposed Wednesday tough new transparency rules for intermediaries - tax advisers, accountants, banks and lawyers - who design and promote tax planning schemes for their clients.

Transparency for intermediaries 21 June 2017, 22:28 CET
On 21st June 2017, the European Commission proposed new transparency rules for intermediaries that design or sell potentially harmful tax schemes. Intermediaries are firms or persons, such as consulting firms, banks, lawyers, tax advisors, accountants, etc. which can help their clients to set up schemes to reduce their tax bills. Most services provided by intermediaries are legitimate. However, recent cases, such as the Panama Papers, exposed the role that some of these intermediaries may play in international tax avoidance and evasion by designing schemes that are specifically set up to help their clients escape taxation.

16th Benelux Infrastructure Forum returns to Amsterdam this November 21 June 2017, 12:55 CET
SMi Reports: Benelux Infrastructure Forum returns to Amsterdam on 22nd -23rd November 2017 to explore new financing mechanisms and alternative markets for future investments.

EU FinTech consultation: put needs of end-users first 14 June 2017, 14:10 CET
Responding to the EU consultation on financial technology, also known as FinTech, the European Banking Federation is submitting a response which underlines its desire to see the creation of a customer-centric and inclusive ecosystem in which all actors, ranging from small start-ups to established multinational banks, are committed to serving clients with innovative financial services.

Proposal to amend the European Market Infrastructure Regulation (EMIR) 13 June 2017, 23:45 CET
The European Commission proposed on 13 June 2017 more robust supervision of central counterparties (CCPs), targeted reforms to further improve the financial stability of the European Union.

EU gives conditional approval to Nordic Capital buy of Intrum Justitia 13 June 2017, 22:51 CET
The EU Commission approved Tuesday the acquisition of Intrum Justitia by Nordic Capital, conditional on the divestment of overlapping debt collection and debt purchasing activities.

Capital Markets Union Mid-Term Review - Invest Europe's response 08 June 2017, 21:06 CET
Invest Europe – the association for European private equity, venture capital, infrastructure and their investors – is issuing the following statement:

Brexit spurs reboot of EU's capital markets union 08 June 2017, 21:00 CET
As Europe faces up to the departure of its biggest financial centre, the European Commission moved Thursday to strengthen its Capital Markets Union project to unlock funding for growth in Europe.

Insurance Europe response to EC Capital Markets Union mid-term review 08 June 2017, 18:27 CET
Following the publication today of the European Commission’s mid-term review of its Capital Markets Union (CMU) project to unlock funding for growth in Europe, Michaela Koller, director general of Insurance Europe, commented:

EU maps out road to deeper Monetary Union 01 June 2017, 01:01 CET
Following on from its White Paper on the Future of Europe earlier this year, the EU Commission set out Wednesday potential options for deepening Europe's Economic and Monetary Union.

New agreement on EU venture capital rules to boost investment in start-ups and innovation 31 May 2017, 12:30 CET
Yesterday evening, the EU institutions reached an agreement on a review of the EU venture capital rules, to boost investment in start-ups and innovation. This review is part of the Capital Markets Union action plan.

EU venture capital boost to help smaller firms 31 May 2017, 01:04 CET
Better access to finance for small and growing companies and social enterprises will be the result of EU rules agreed Tuesday by the European Parliament, the Council and the EU Commission.

Brussels proposes EUR 161 bn EU Budget for 2018 31 May 2017, 00:29 CET
The EU Commission proposed Tuesday a draft EU budget for 2018 of EUR 161 billion with a focus on job creation, especially for young people, and a boost to growth and strategic investments.

New EU rules clamp down on multinationals' tax avoidance 30 May 2017, 00:11 CET
Member States formally adopted new EU rules to prevent tax avoidance via non-EU countries Monday, closing down so-called 'hybrid mismatches' with the tax systems of third countries.

EU agrees system to resolve double taxation disputes 25 May 2017, 23:49 CET
EU finance ministers agreed Tuesday on a new system intended to help resolve disputes which arise between Member States from the interpretation of agreements on the elimination of double taxation.

Spring cheer for Portugal as EU issues country recommendations 22 May 2017, 18:33 CET
The European Commission recommended Monday that the EU's Excessive Deficit Procedures be closed for Portugal and Croatia, as it issued its spring package of country-specific recommendations.

2017 European Semester: Country Specific Recommendations - Commission Recommendations 22 May 2017, 18:02 CET
The European Commission presented on 22 May the 2017 country-specific recommendations (CSRs), spelling out the economic policy guidance for Member States for the coming 12 to 18 months.

EU raises growth forecast for uneven recovery 11 May 2017, 17:30 CET
The EU Commission raised growth prospects for the European economy in its Spring Forecast Thursday, but warned that in its fifth year of growth, recovery in jobs and investment remained uneven.